With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.3 million shares. The 52-week range on MYE shows that it touched its highest point at $23.63 and its lowest point at $9.32 during that stretch. It currently has a 1-year price target of $22.00. With its current market cap of 362.91 million, MYE has annualized dividend of $0.54 while the current yield stands at 5.54%. Beta for the stock currently stands at 1.20.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MYE was down-trending over the past week, with a drop of -10.40%, but this was down by -18.97% over a month. Three-month performance dropped to -16.03% while six-month performance fell -36.30%. The stock lost -49.32% in the past year, while it has lost -11.78% so far this year. A look at the trailing 12-month EPS for MYE yields 0.42 with Next year EPS estimates of 1.17. For the next quarter, that number is 0.10. This implies an EPS growth rate of -31.65% for this year and 23.16% for next year.
Float and Shares Shorts:
At present, 37.23 million MYE shares are outstanding with a float of 36.55 million shares on hand for trading.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.95 being high and $0.95 being low. For MYE, this leads to a yearly average estimate of $0.95. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
Summary of Insider Activity:
Insiders traded MYE stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.